FACULTY OF SOCIAL SCINCE

IMPACT OF EXPORT ON ECONOMIC GROWTH IN NIGERIA (1981 TO 2022

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Abstract
The study employed OLS to determine the impact of export on economic growth in Nigeria .The study used time series data from 1981-2022.The study revealed that export has a positive and significant impact on economic growth in Nigeria (RGDP)Non-oil export was found to be positive but insignificant impacting to economic growth in Nigeria (RGDP)Import has negative and insignificant impact on economic growth. And also, Trade openness was found to have a negative and insignificant impact on economic growth (RGDP).The result R squared (94..37percent)shoes that the line of best fit was highly fitted. The study found that export-led growth hypothesis is valid in Nigeria context. Therefore we recommend that the government should take active steps to diversify the economy so as to improve export contribution to the growth of Nigerian economy. The government should increase the capital investment in the oil sector. Trade and foreign exchange policies in favor of export expansion should be encouraged as proper implementation of import control measures that will certainly sharpen the understanding of the determinant of import behavior should also adopted in other to growth of the economy.
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